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- LoopNet Team
1400 Highway 23
Ogilvie, MN 56358
Land For Sale
·
4.00 AC
Investment Highlights
- Fantastic Location on the Corner of 2 State Highways
- Six billboards on two monopole pylons owned by Lamar provide the potential for future billboard lease income.
- High Traffic Area
Property Facts
| Property Type | Land | Proposed Use | |
| Property Subtype | Commercial | Total Lot Size | 4.00 AC |
| Zoning | Commercial - Contact the City of Ogilvie, MN for specific details. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.00 AC |
| Zoning | Commercial - Contact the City of Ogilvie, MN for specific details. |
Description
Attn: Developers and Investors! This prime 4-acre retail/commercial building site offers exceptional visibility and a variety of opportunities. Located within Ogilvie city limits, it is adjacent to Ogilvie K-12 School system and approximately 1 mile from the Ogilvie Raceway. The site is situated at the busy intersection of State Hwy 23 and State Hwy 47, with MnDOT traffic counts exceeding 6,000 vehicles per day, making it ideal for a gas station/convenience store, fast food, grocery/retail, or storage units. The location is perfect for capturing traffic from summer lake recreation and winter sports enthusiasts. Utilities include an onsite drilled well, with city sewer and water available at the south side of Hwy 23 and east side of Hwy 47. Six billboards on two monopole pylons owned by Lamar provide the potential for future billboard lease income. The Lamar billboard lease is scheduled for renegotiation in early 2025. The property includes a 60x40 pole building, which can be repurposed or removed. This high-visibility site offers endless commercial possibilities!
Property Taxes
| Parcel Number | 23.00057.00 | Improvements Assessment | $14,500 |
| Land Assessment | $143,200 | Total Assessment | $157,700 |
Property Taxes
